"It has been difficult to miss Benik's outstanding progress as a player, firstly with MK Dons and then Wolves, where he has been a consistent threat in front of goal. His pedigree as an Arsenal academy product must also not be underestimated.

"Thank you to Jez Moxey and Wolverhampton Wanderers who have been a pleasure to deal with throughout negotiations. We look forward to seeing Benik in an AFC Bournemouth shirt soon."

Boss Eddie Howe had confirmed after Bournemouth's 2-1 FA Cup win at Birmingham on Saturday that the Cherries had finalised an agreement for Afobe.

Afobe, who has represented England at youth level, joined Wolves for £2 million from Arsenal only last January and has scored 23 goals in 48 games for the club. He has scored his 10 goals in 27 outings this season for the Championship side.

Afobe is a proven scorer outside of the Premier League -- netting 32 times for MK Dons last season -- and now has his top-flight chance.